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Amid calls for sovereign EU tech stack, Evroc raises $55M to build a hyperscale cloud in Europe

Mar 21, 2025
Matthias Ostrom, CEO and founder of Evroc, discusses his Swedish startup’s ambitious mission to create a hyperscale cloud in Europe. They recently secured €50.6 million in funding to establish a digital infrastructure that promises to be secure, sovereign, and sustainable. Ostrom emphasizes the importance of reducing reliance on U.S. tech firms and the need for digital sovereignty in light of geopolitical tensions. The conversation delves into the exciting future of European tech innovation, highlighting Evroc's role in reshaping the digital landscape.
06:28

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Quick takeaways

  • Evroc has secured €50.6 million to create a secure and sustainable hyperscale cloud infrastructure aimed at enhancing Europe's digital sovereignty.
  • The startup plans to differentiate itself from competitors by developing a robust software stack and focusing on energy-efficient infrastructures for AI workloads.

Deep dives

Emergence of European Cloud Infrastructure

A Swedish startup, Evrock, has raised 50.6 million euros in Series A funding to establish a hyperscale cloud infrastructure in Europe, aiming to enhance the region's digital sovereignty. This initiative comes at a time when there is a growing demand for Europe to create independent tech alternatives away from U.S. dominance, particularly for critical services like cloud computing. Evrock plans to construct multiple data centers, with two already operational and more set to launch in key European cities. The company is poised to focus on energy-efficient infrastructures, designed specifically for AI workloads, to meet the rising demands of various industries requiring high security and sovereignty over their digital operations.

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